A exceptional commercial investment, brand new purpose built 3 story freehold on 2 separate titles, located in the absolute heart of the tightly held and bustling 'Beaumaris Concourse' shopping village.
Outstanding features are:
- Secure 8-year lease (commenced November 2019) to an established longstanding tenant
- Returning $125,000 pa plus outgoings (as at 1/7/20)
- Paid full rental through COVID lockdown
- Complemented by fixed annual rental increases of 2%
- 2 further options of 8 year each
- Market review at the commencement of each further option
- Prime commercial 1 zoned landholding of 217sqm*
- Triple storey building with a total building area of 385sqm* Total lettable area of 315sqm*.
- Lot 1 Consisting of Ground floor retail/office space of 97sqm*
- Lot 2 Double story PT Studio with outdoor roof top of 288sqm*
- Excellent secure rear access with 3 car parks onsite
- Potential Tax Depreciation Benefits
- 200* public car parking spaces
- Suit investors and future owner occupiers
Please contact Benjamin Klein or Dean Sirianni to schedule a private inspection. This investment opportunity is well worth seriously considering.